Urengoydorstroy

History

2024: Avtoban Holding bought Urengoydorstroy for billions of rubles

In August 2024, it became known that the Avtoban holding was buying one of the largest road companies in the Yamalo-Nenets Autonomous Okrug - Urengoydorstroy. The general director of INFOLine-Analytics Mikhail Burmistrov incites the sold company at least ₽6 billion.

According to RBC, the Khanty-Mansiyskdorstroy company, which is part of the holding, filed a petition with the Federal Antimonopoly Service (FAS). The documents were registered by the department on August 6, 2024. According to the procedure, interested parties can provide the FAS with information about the possible impact of this transaction on the competitive environment in the road construction market.

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Freepik

Avtoban is one of the leaders in the Russian road construction market. The company is engaged in the design, engineering and operation of roads, as well as participates in investments in public-private projects. Among its key projects is the construction of sections of the Central Ring Road (TsKAD), the Don M-4 routes, the Moscow-St. Petersburg M-11 and several others.

As for Urengoydorstroy, the company was founded in 1977 and has established itself as a large contractor in the north-west of Russia. It participates in the construction and maintenance of transport infrastructure, including roads, highways, runways and airfields. Among its largest projects are the reconstruction of the airport airfield in Novy Urengoy, as well as the construction of transport interchanges in the Yamalo-Nenets district. Urengoydorstroy has five production bases and asphalt concrete plants, which makes it a key player in the region. The main owner of the company is businessman Alexander Ryskov, who owns a controlling stake.

Mikhail Blinkin, Director of the Institute for Transport Policy at the Higher School of Economics, stressed that the Avtoban holding already occupies key positions in the Russian road construction market and is actively developing its projects in Siberia. The purchase of Urengoydorstroy will allow synergistically using the resources of both companies, strengthening their position in the market and increasing competitiveness.^[1]

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